We operate our Coal Shipping Services through our subsidiary, PT Deli Pratama Angkutan Laut (“PT DPAL”), which covers mainly domestic shipping routes between coal mines located in South Kalimantan, to the Java and Sulawesi islands in Indonesia. Our Coal Shipping Services comprise (i) chartering services; and (ii) transshipment services.
As at 30 June 2023, PT DPAL owns a fleet of seventeen (17) Indonesian-flagged vessels, comprising sixteen (16) tugboats (and including sixteen (16) accompanying barges) as well as one (1) bulk carrier, with an aggregate estimated carrying capacity of 180,000 deadweight tonnage (“dwt”). We aim to continue to expand our shipping routes to cover China and the region.